REGISTERED NUMBER: 03516737 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

XPRESSPLUS LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

Directors:

K E March

P J Wilson

Secretary:

Mrs J March

Registered office:

3rd Floor

86-90 Paul Street

London

EC2A 4NE

Registered number:

03516737 (England and Wales)

Accountants:

Cooper Parry Advisory Limited

Broadwalk House, 5th Floor

5 Appold Street

Broadgate

London

EC2A 2AG

Fixed assets

Tangible assets

4

162,641

160,401

Current assets

Debtors

5

106

11,585

Cash at bank

24,084

27,838

24,190

39,423

Creditors

Amounts falling due within one year

6

4,525

4,941

Net current assets

19,665

34,482

Total assets less current liabilities

182,306

194,883

Capital and reserves

Called up share capital

7

1,000

1,000

Share premium

185,626

185,626

Other reserves

(11,510

)

-

Retained earnings

7,190

8,257

Shareholders' funds

182,306

194,883

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 May 2026 and were signed on its behalf by:

K E March - Director

1.	Statutory information

Xpressplus Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Key source of estimation, uncertainty and judgement

The preparation of financial statements in conformity with generally accepted accounting practice requires management to make estimates and judgement that affect the reported amounts of assets and liabilities as well as the disclosure of contingent assets and liabilities at the balance sheet date and the reported amounts of revenues and expenses during the reporting period.

There is estimation uncertainty in calculating depreciation. A full line by line review of fixed assets is carried out by management regularly. Whilst every attempt is made to ensure that the depreciation policy is as accurate as possible, there remains a risk that the policy does not match the useful life of the assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Computer equipment

-

33% on cost

Financial instruments

Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.

3.	Employees and directors

The average number of employees during the year was NIL (2025 - NIL).

4.	Tangible fixed assets

Freehold

Plant and

Computer

property

machinery

equipment

Totals

£

£

£

£

Cost

At 1 April 2025

159,508

17,484

3,869

180,861

Additions

-

-

3,402

3,402

Disposals

-

(16,015

)

-

(16,015

)

At 31 March 2026

159,508

1,469

7,271

168,248

Depreciation

At 1 April 2025

-

16,600

3,860

20,460

Charge for year

-

206

898

1,104

Eliminated on disposal

-

(15,957

)

-

(15,957

)

At 31 March 2026

-

849

4,758

5,607

Net book value

At 31 March 2026

159,508

620

2,513

162,641

At 31 March 2025

159,508

884

9

160,401

5.

Debtors: amounts falling due within one year

2026

2025

£

£

Trade debtors

-

11,510

Other debtors

106

75

106

11,585

6.

Creditors: amounts falling due within one year

2026

2025

£

£

Taxation and social security

-

773

Other creditors

4,525

4,168

4,525

4,941

7.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

1,000

Ordinary

£1

1,000

1,000

8.	Other reserves

Other reserves includes a prior-year adjustment of £11,510 relating to a historic profit share adjustment recognised in earlier periods. This balance had been included within trade debtors but was no longer considered recoverable and therefore has been written off.